Michael Besen

Owner

Michael Besen portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$27.9 million – walkup 90%, retail 9%; Manhattan 90%, Bronx 9%

1363th largest portfolio by dollar value

113,240 sqft – walkup 93%, retail 6%;

1749th largest by SF

9 properties – Manhattan 77%, Bronx 22%

148th largest

138 residential units – Manhattan 60%, Bronx 39%

660th largest by residential units

0 foreclosures, 0 bankruptcies, 7 other court cases.

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 0 for $0

Borrower signatory: 2 for $12 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

Greystone & Co. (3), W Financial (1), New York Community Bank (1), Customers Bank (1)

Top Ten Associated People:

N. Tyler Darby (3), Adam Windwer (1)

Recent activity as signatory:

• Michael Besen borrowed $6.8 million from W Financial for 13 West 38th Street, Grand Central, Manhattan on May 28, 2024.

• Michael Besen borrowed $5.3 million from Greystone & Co. for 336 West 17th Street, Chelsea, Manhattan on August 09, 2023.

• Michael Besen borrowed $10.8 million from Greystone & Co. for 311 West 21st Street, Chelsea, Manhattan on November 28, 2022.

• Michael Besen borrowed $21 million from Greystone & Co. for 49 Prince Street, 311 West 21st Street, and 336 West 17th Street, Nolita, Manhattan on November 17, 2022.

• Besen Partners borrowed $6.6 million from Customers Bank for 325 East 206th Street, Riverdale, Bronx on September 08, 2021.

• Michael Besen borrowed $6.8 million from New York Community Bank for 2714 Bainbridge Avenue and 2718 Bainbridge Avenue, Riverdale, Bronx on August 13, 2021.